Donald Saxinger, senior examination specialist at the FDIC in a telephone briefing given to the ABA in December of 2012, revealed that “Inadequate vendor management was cited as a causal factor in 46% of the examination[s] that had their IT rating downgraded in 2012.” This telephone briefing was titled “Vendor Management: Unlocking the Value beyondRegulatory Compliance.” Mr. Saxinger stated that poor vendor management may not be the only issue, but it is frequently cited as a factor in the downgrade.